Settings8H · net · $10k
Funding arb · Price arb /

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h +0.054%
Price spread now: Paragon against Injective−0.871%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Paragon is 0.871% cheaper against Injective than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CRWD/USDC PERP251.560.0220pay 0.0028% / 1h48m 08s$22K$20K12x
ShortParagon para:CRWD249.370.0060get 0.0008% / 1h48m 08s$84K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$33.6
Price spread: −0.871% → 0.000%
−$87.06
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$130.68
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Paragon: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Paragon live order book, 54 min ago5.18 bp40.4 bp −$40doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWD on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWDUSDT0.0000%8h249.78−0.709%$4K$36K20xas long as short
Binance CRWDUSDT0.0000%8h249.55−0.800%$2.5M$7.5M25xas long as short
Bybit CRWDUSDT0.0000%8h249.43−0.847%$1.1M$475K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.65−0.759%$548K$772K25xas long as short
Bitget CRWDUSDT0.0000%8h249.52−0.811%$305K$409K20xas long as short
Variational Omni CRWD0.0000%8h249.59−0.785%$70K$55Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.98−0.628%$1K$123K10xas long as short
SunX CRWD-USDT0.0000%8h249.63−0.767%$2K$1.1M10xas long as short
HTX CRWD-USDT0.0000%8h249.81−0.696%$6K$7K20xas long as short
Phemex CRWDUSDT0.0000%8h249.50−0.819%$1.5M$235K10xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWD-USDT+0.0025%8h249.82−0.692%$71K$24K25xas long as short
QFEX CRWD-USD+0.0039%1h249.36−0.875%$1.2M$2.6M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h249.53−0.809%$99K$20010xas long as short
Paragon para:CRWDshort+0.0060%1h249.37−0.871%$84K$108K10x
tradeXYZ xyz:CRWD+0.0073%1h249.47−0.831%$894K$697K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h249.80−0.700%$36K$388K20xas long as short
Injective CRWD/USDC PERPlong+0.0220%1h251.56long leg$22K$20K12x
Phoenix CRWD+0.0256%1h249.96−0.636%$6$120K10xas long as short